Question
On January 1, 2020, Mata company had 574,000 shares of common stock outstanding. During the year, it had the following transactions that affected the common
On January 1, 2020, Mata company had 574,000 shares of common stock outstanding. During the year, it had the following transactions that affected the common stock account.
April 1 Issued 112,000 shares
October 1 Acquired 78,000 shares of treasury stock
What is the weighted-average number of shares outstanding as of December 31, 2020?
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Frank Hodge
9th edition
290-1259222138, 1259222136, 978-1259222139
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